Why Taiwan Semiconductor Stock Popped on Wednesday
TSMTSMC(TSM) The Motley Fool·2024-07-11 00:23

There's still some value left in TSMC stock -- but not a lot.Shares of chipmaker Taiwan Semiconductor Manufacturing (TSM 2.85%) rose 2.3% through 10:45 a.m. ET on Wednesday. This morning in a filing with the Securities and Exchange Commission, TSMC reported that its June 2024 revenue fell 10% in comparison to May, but its sales year over year increased by nearly 33%.And zooming out to a big-picture view, sales in the first half of 2024 are now up 28% in comparison to the first half of 2023. Sales surge for ...